Summary
- GreenPower Motor stocks rose by more than 280 per cent in the last year.
- Shopify stocks were at a record high of around C$1,842.58 on Friday morning.
- WELL Health stocks rose by 80 per cent in last six months.
Love for these stocks will never cease to grow.
Despite the turbulent times, GreenPower Motor Company Inc. (TSXV:GPV), Shopify Inc. (TSX:SHOP), and WELL Health Technologies Corp. (TSX:WELL) stocks have only been soaring.
While many Canadian companies have seen their fortunes changed in the last couple of weeks, these three are on course to achieve even bigger.
The stocks have grown exponentially over the past few months and there is no sign of slowing. While they may be the victors in 2021, you may end up laughing all your way to the banks.
So, let us check out the vertical trajectory of these stocks which has baffled many.
GreenPower Motor Company Inc. (TSXV:GPV)
This Canadian electric bus maker is on a roll as green trends gain ground across the globe. The consumer cyclical company produces battery-powered, lightweight, and low-floor transit buses.
Its stocks rose by over 280 per cent in the last year. In the past three months alone, it rose 178 per cent, an amazing run on the exchanges that investors cannot ignore. The stock was priced at C$39 10:34 am ET on Friday on the Toronto Stock Exchange.
The average 10-day and 30-day volumes were a modest 70,189 and 75,092, respectively.
In the third quarter (Q3) ended December 31, 2021, reported a gross profit of US$909,807, or 37.9 per cent of revenues. Green Power Motor Company has a market cap of C$803 million.
It also has a low debt-to-equity (D/E) ratio of 1.7.
It had recently signed an agreement with Forest River Inc. to purchase 150 EV Star Cab and chassis that will complement its new line of the zero-emission fleet.
Shopify Inc. (TSX:SHOP)
This Canadian tech company seems to be the darling of the investors now, and rightly so. This TSX-listed company has reported blockbuster Black Friday-sales of US$2.4 billion worldwide through its digital platform. The sale numbers were up by 75 per cent, compared to the holiday sales in 2019.
Its stocks were priced at a record high of C$1,842.58 at 10:41 am ET on Friday. In the past three months, the stock value rose by 50 per cent and in the six months, by 40 per cent.
The average 10-day and 30-dave trade volumes were 188,268.00 and 173,333.00, respectively.
Shopify has a market cap of $204 billion and the debt-to-equity (D/E) ratio is at a low of 0.15.
In the third quarter ended September 31, 2020, the company reported a revenue of US$767.4 million, which was a 96 per cent increase from the previous period in 2019.
It will announce its fourth-quarter results ended December 31, 2020, on February 17, 2021.
WELL Health Technologies Corp. (TSX:WELL)
This Canadian healthcare company has also seen huge growth over the past few months, lifted by some key business decisions, including the plan to enter the US markets in a big way.
The company has recently announced the purchase of US-based CRH Medical Corporation for approximately US$292 million. It is expected to help consolidate its business in America.
The company specializes in modern healthcare clinical and digital assets.
WELL stocks were priced at C$8.63 at 10:49 am on Friday. The stock value rose by 14 per cent in three months and over 80 per cent in six months.
The average 10-day and 30-day trade volumes were 1.4 million and 965,660, respectively.
The company has a market cap of C$1.4 billion and a debt-to-equity (D/E) ratio of 0.18. In Q3 2020, it reported a revenue of $12 million, up by 50 per cent, compared to the period a year ago.